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Back to EpisodesHUGE Corn Yield Estimate from StoneX - Fair or Foul??
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1:01 StoneX Estimates
5:22 Corn Selloff
7:05 Crop Conditions
11:37 Brazil Harvest
12:56 Strong Shipments
π½π StoneX Sees RECORD Corn Yield! Soybeans Also Strong πͺ
π A well-followed private group, StoneX, just dropped massive US crop estimates based on their customer surveyβ¦ and the numbers are way above USDAβs latest!
π½ Corn Yield:
πΉ 188.1 bpa vs. USDAβs 181.0
πΉ 16.32B bushels vs. USDAβs 15.71B
π± Soybean Yield:
πΉ 53.6 bpa vs. USDAβs 52.5
πΉ 4.43B bushels vs. USDAβs 4.34B
These estimates are based on input from StoneXβs grain-buying customers & agronomists π§βπΎπΒ
π Market Reaction:
Corn futures sank again on Monday, with the Dec25 contract hitting a new life-of-contract low at $4.07/bu. Favorable US weather π€οΈ and a record Brazilian crop ππ½ are dragging prices down.
πΎ Crop Conditions:
β
US Corn: 73% G/E β 2nd best in a decade!
β
US Soybeans: 69% G/E β Highest since 2020
π US Spring Wheat: 48% G/E β down for a 3rd straight week
π Winter Wheat: 86% harvested and nearly wrapped up
π§π· Brazil Corn Harvest:
β³ Behind last yearβs pace, but picking up fast!
π¦ Total corn crop pegged at a record 136.3mmt
π’ Export Inspections:
πΈ Corn: 1.2mmt (π 21% WoW)
πΈ Soybeans: 612k mt (π 130% YoY)
πΈ Wheat: 599k mt (π 107% WoW)
π Drop your thoughts in the comments, and donβt forget to like π, subscribe π, and share if this info helps you stay ahead of the market!
#Corn #Soybeans #GrainMarkets #CropUpdate #StoneX #Futures #USDA #Wheat #AgNews #FarmEconomics πΎπ½π